Trade NextDecade Corporation - NEXT CFD

NextDecade Corporation Company profile

About Nextdecade Corp

NextDecade Corporation is engaged in the development activities related to the liquefaction and sale of liquefied natural gas (LNG) and the reduction of carbon dioxide (CO2) emissions. The Company is focused on development activities, which includes the Rio Grande LNG terminal facility at the Port of Brownsville in southern Texas (the Terminal) and a carbon capture and storage project at the Terminal (the CCS project). The Company is developing Rio Grande LNG in the Port of Brownsville, Texas. Its NEXT Carbon Solutions is working with third-party customers to deploy carbon capture, utilization, and storage to reduce CO2 emissions at their industrial-scale facilities. Its processes can be applied to multiple industrial-scale CO2 sources including LNG facilities, power plants, midstream assets, manufacturing facilities, and others.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Nextdecade Corp revenues was not reported. Net loss applicable to common stockholders increased 19% to $27.1M. Higher net loss reflects Gain (loss) on common stock warrant liab decrease from $6.1M (income) to $2.4M (expense), Interest income decrease of 100% to $1K (income), Short-term lease expense increase of 32% to $208K (expense).

1000 Louisiana St Ste 3900
HOUSTON
TEXAS 77002-5035
US